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The Worst Deal I've Ever Made! Encountering problems in property development is inevitable even if you do your due diligence. That's why it's important to embrace these challenges so you can still make profits from the situation. Join Rob Flux, Property Developer and founder of the Property Developer Network, in this insightful episode as he explores the intricate world of property development through a captivating real-life case study. Discover how he navigated a seemingly simple project that quickly turned into a complex journey filled with unexpected challenges, from sewer line issues to stormwater management. Learn about the critical importance of due diligence, contingency planning, and creative negotiation strategies that can make or break a development deal. Rob shares his experiences in building relationships with vendors and local authorities, demonstrating how understanding their needs can lead to successful project outcomes. Whether you're an aspiring developer or simply curious about the property market, this episode is packed with valuable lessons and engaging stories that highlight the art of problem-solving in real estate. Click on this episode now to uncover the twists and turns of property development and how every challenge can become an opportunity for growth!
In Episode 103 of The TBD Podcast, Garrett Greco sits down with County Commissioner Joshua Wostal to talk about how Tampa's growth is shaped by local politics, ethics, and infrastructure decisions. They discuss the impact of outdated policies, challenges in transportation planning, and the need for fair representation. Commissioner Wostal shares straightforward views on leadership and practical ideas for improving how local government serves the community. If you want to understand the issues shaping Tampa Bay's future, this episode breaks it down clearly. Joshua Wostal is a County Commissioner, successful entrepreneur, and decorated Navy veteran. He owns a logistics business near Raymond James Stadium and previously served as COO of a family-owned manufacturing company, where he helped turn the business around financially. During his decade of Navy service, he led a team of over 1,000, managed multi-million-dollar budgets, and was honored for his courage under fire in Taliban attacks. Wostal is also a passionate advocate for children, partnering with ChildHelp.org to support foster kids and volunteering with organizations like Caps for Kids and All Children's Hospital. He lives in Hillsborough County with his wife, Noelle, their son, Matthew, and three rescue pets. 0:00:00 - Local Political Corruption? 0:02:30 - Introduction 0:09:11 - Public Transportation 0:12:36 - Reducing Property Tax 0:19:24 - Removing Politicians From Board of Directors 0:22:54 - Why "All For Transportation" Failed 0:26:42 - The Street Car and Future Transportation 0:44:25 - Property Rights 0:50:39 - Transportation Discussion Continued 1:03:09 - HART 1:24:04 - Joshua's Transportation Solution 1:38:58 - Affordable Housing 1:49:31 - Induced Demand 1:54:31 - The Worst Deal in Tampa History
A contract that's getting worse. To advertise on our podcast, please reach out to sales@advertisecast.com or visit https://www.advertisecast.com/TheJeffWardShow
French authorities arrested Telegram founder and CEO Pavel Durov over the weekend as part of an investigation related to charges of "complicity" in various crimes that happen on the cross-platform messaging service. Apple lost its lead when it comes to podcast listening market share. The iPhone maker sits in third place with 12% solidly behind YouTube with 31% and Spotify with 21%. The Justice Department is suing real estate startup RealPage whose software helps landlords price fix rental prices.And Elon Musk's $44 billion takeover of Twitter is the worst deal for banks since the financial crisis.Link to Show Notes Hosted on Acast. See acast.com/privacy for more information.
West Loop lost a lot of free parking this summer, which has us talking about the city's infamous parking meter deal. In 2008, City Council voted to privatize Chicago's parking meters for 75 years in return for $1 billion. But in the years since, analysis after analysis has shown the meters were worth much more, and the city lost out on revenues while investors earn a profit as Chicagoans pay some of the highest parking rates in the country. While he was at the Reader, Block Club Chicago reporter and editor Mick Dumke investigated the deal after it first passed. He tells host Jacoby Cochran why Chicago went for it, who challenged it, and how we feel the effects today. Some good news: Chappell Roan's local weightlifters at Lollapalooza If you enjoyed today's interview with Ravinia Festival's Artistic Director, Erik Soderstrom, learn more here. Want some more City Cast Chicago news? Then make sure to sign up for our Hey Chicago newsletter. Follow us @citycastchicago You can also text us or leave a voicemail at: 773 780-0246 Learn more about the sponsors of this Aug. 5 episode: Ravinia Chicago Association of Realtors Become a member of City Cast Chicago. Interested in advertising with City Cast? Find more info HERE
Tonight's topics: - Xbox shuts down four studios - Nintendo financial report - Suicide Squad led to Warner Bros losing $200 billion Thanks as always to Shawn Daley for our intro and outro music. Follow him on Soundcloud: https://soundcloud.com/shawndaley Where to find Throwdown Show: Website: https://audioboom.com/channels/5030659 Twitch: https://www.twitch.tv/throwdownshow Twitter: https://twitter.com/ThrowdownShow YouTube: https://www.youtube.com/throwdownshow Discord: https://discord.gg/fdBXWHT Twitter list: https://twitter.com/i/lists/1027719155800317953
Adam Peacock, Danny Weidler and Michael Chammas are in to talk the big topics in rugby league including Jackson Topine taking the Bulldogs to court, Braydon Trindall getting done DUI, Dale Finucane's medical retirement and what that means on the Sharks salary cap, the mounting pressure at Parramatta and the Roosters and Josh Schuster's exit from Manly. Subscribe on LiSTNR: https://www.listnr.com/podcasts/footy-talk-rugby-league-podcast Subscribe on Apple Podcasts: https://link.chtbl.com/FootyTalkRLApplePodcasts Subscribe on Spotify: https://link.chtbl.com/FootyTalkRLSpotifySee omnystudio.com/listener for privacy information.
Want To Crush It As A Multifamily Real Estate Agent And Work With Jason Directly? Book a FREE Call & Apply Here! - https://calendly.com/jasonleerealestate/60min?fbclid=PAAaYisrIisAkmJztTM1t-rTLApvoP3xCqCJ6gQSE4XT684hy7x_dqa4sObPA_aem_AVGUQJsIwD2mbR9ADFAoAOOJ0jKkBnkS8DLUFmSiScs9h0JNKloZFIV0hMkW5k_6smQ&month=2024-03 This deal has been a nightmare for many reasons. Starting off with one of the worst tenants I have ever encountered, it was extremely difficult getting him to leave and the long evection process didn't help. While we were in the middle of escrow the city shuts us down for doing construction. Then they make us pull permits and 13 months later we are still in escrow! Listen to how this could've all been avoided and how to avoid this mistake. It has been an absolute nightmare. If you're a new agent, pay close attention on what I learned working on this deal. Let's connect on social media!
How is Skype related to Kazaa? What does a peer-to-peer network do? And was the eBay acquisition of Skype really one of the worst deals in tech history (spoiler: no it was not)?See omnystudio.com/listener for privacy information.
Erin and Stacy sit down for a post-summer catch-up. Erin shares some insight about what could have gone differently in a recent deal and the two ponder whether or not these issues stem from a slew of new agents entering the market looking to capitalize on the post-covid real estate boom. Today's episode is brought to you by Bill Payne NMLS ID#: 283298 with First Home Mortgage Find Out More: https://www.billpaynemortgagebanker.com
What are the pros and cons (or downsides) of real estate investing? The pros of real estate investing are pretty well known, the ability to use leverage (debt) to buy properties that generate passive income (cashflow) that also appreciate in value (equity) while giving tax benefits (depreciation). But every investment has its cons, some of real estate's downsides are market volatility, bad tenants, vacancies, maintenance, and legal/regulatory issues. Basically it comes down to tenants, toilets, and termites. Tony Javier's career as a real estate investor was almost derailed by those downsides. Luckily he didn't listen to the naysayers and dove right in, acquiring 10 rental properties in just a few years using the BRRRR method. ⏰ TIME STAMPS ⏰ 00:00 Tony Javier - Real Estate Investor TV consultant 01:00 Carleton Sheets - Real Estate Infomercial 02:03 BRRRR Method Success 04:57 Dropping out of College 06:30 Toilets & Tenants 07:35 Worst Deal 17:06 TV ads for Real Estate Investors 22:00 Founding 10X TV 25:30 TV ads in big vs midsize markets 29:18 TV vs Direct Mail 32:49 Why 10X TV?
Eric Bellinger On Writing For Chris Brown & Usher, Making The Worst Deal, + More See omnystudio.com/listener for privacy information.
0:00 Intro 2:50 The Worst Deal 18:43 Finance 33:28 Texas 40:44 Nuclear War For more updates, visit: http://www.brighteon.com/channel/hrreport NaturalNews videos would not be possible without you, as always we remain passionately dedicated to our mission of educating people all over the world on the subject of natural healing remedies and personal liberty (food freedom, medical freedom, the freedom of speech, etc.). Together, we're helping create a better world, with more honest food labeling, reduced chemical contamination, the avoidance of toxic heavy metals and vastly increased scientific transparency. ▶️ Every dollar you spend at the Health Ranger Store goes toward helping us achieve important science and content goals for humanity: https://www.healthrangerstore.com/ ▶️ Sign Up For Our Newsletter: https://www.naturalnews.com/Readerregistration.html ▶️ Brighteon: https://www.brighteon.com/channels/hrreport ▶️ Join Our Social Network: https://brighteon.social/@HealthRanger ▶️ Check In Stock Products at: https://PrepWithMike.com
Friend now that my book, Nothing is Missing, is out for pre-order, we can finally start talking about the journey to where we are now. In this chat we're talking about my FIRST book deal and how to know your worth even if you don't have anything around you (YET) to prove it. I cannot keep the goodness away because I am determined to make sure it happens and to receive it all. And friend, you are so deeply deserving too. Thanks for being here. Let's keep this chat going over on Instagram! Grab a copy of my memoir, Nothing is Missing, at https://nothingismissingbook.com/ Find the show notes at https://nicolewalters.com/episode355 Produced by Dear Media
A lot of us get into real estate investing to build more wealth or achieve more financial freedom than a regular job can provide. But even when your real estate income is more than your W2 salary, it's hard to quit your job! That's what Daniel Kong experienced as his real estate career took off. He was ready to quit his 6-figure Software Developer job, but the safety & stability of the guaranteed paycheck was hard to walk away from. Realize it or not, society pushes us to seek stability over success. Luckily, Daniel was crushing it using the BRRRR strategy and eventually the math just didn't add up. So his wife told him to quit his job and go all-in on real estate just 3 years after starting. Now he's moving from fixing & flipping homes into multi-family syndications. He's taking his cashflow to the next level and giving his investors the passive income and tax breaks they're after. Chapters: 00:00 Daniel Kong's life before REI 02:30 Salary & Stability over Success 05:30 Daniel's 1st Real Estate Deal 08:45 Daniel's WORST Deal 11:16 Advice for Growing Real Estate Investors
In this episode, I share four lessons I learned during the worst deal I've ever done. Be sure to give this one a listen, so that you avoid making the same mistakes! Are you tired of competing with other buyers and waiting on brokers to send you deals? Want to learn exactly how you can find more discounted multifamily deals than you know what to do with? Click here to check out our Off-Market Multifamily Deals course, where we teach investors how to develop a robust pipeline of discounted, off-market multifamily deals in six weeks or less. Are you looking to invest in real estate but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners partners with passive investors looking for the returns, stability, and tax benefits investing in real estate offers, but not the work - join our investor club to be notified of future investment opportunities. Connect with Axel: Follow him on Instagram Connect with him on Linkedin Learn more about Aligned Real Estate Partners
The Federal Government's recent announcement that the AUKUS deal will cost an eye-watering $368 billion sent the media into a spin, with former PM Paul Keating calling it 'the worst deal in all history." The deal to acquire nuclear submarines from the United States has been a bumpy process, to say the least. But what will we actually get out of the deal, and will it be worth it? This was recorded on Wednesday 15th March 2023 and things may have changed since recording. The Australia Institute // @theausinstitute Guest: Allan Behm, International & Security Affairs Director, the Australia Institute // @Mirandaprorsus Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett Producer: Jennifer Macey // @jennifermacey Edited by: Emily Perkins Theme Music: Pulse and Thrum; additional music by Blue Dot SessionsSupport Follow the Money: https://nb.australiainstitute.org.au/donateSee omnystudio.com/listener for privacy information.
The day after the Georgia midterm results, Joe Biden sank to new depths, trading an international arms dealer/terrorist for basketball player Britney Griner. Connor and Paul discuss the swap, and why it easily becomes the worst trade in history. Speaking of midterms, Democratic celebrations after the win by Senator Raphael Warnock were cut short after Kyrsten Sinema left the party. We discuss the ramification in the Senate. Plus, making criminals a protected class? TMR looks into a new law in Atlanta that could mean people are forced to hire ex-cons, all in the name of equality. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Tara talks about the worst trade of all time as we gave up the merchant of death for a WNBA basketball player. Tara talks about the Britney Griner deal and why he left a marine.
If you listened to the previous episode where I made $70k on a deal, today is about how I lost more than that amount back to back in fix-and-flips. Check out this episode to know why you must always do your due diligence and select profitable deals! Key takeaways to listen for The difference between split-level and split-foyer homes Why short-term pain in losing money is better than its counterpart Resources mentioned in this episode YouTube Video: MY WORST REAL ESTATE DEAL EVER!
At the beginning of the pandemic, we did a lot of reporting on how the internet is everything, and how your access to it — or lack thereof — can shape how you learn, how you work and whether you can get ahead in this economy. But a recent investigation from The Markup, a nonprofit newsroom, suggests we're still pretty far away from equitable access. Marketplace’s Kimberly Adams recently spoke with Leon Yin, an investigative data journalist at The Markup and one of the authors of “Dollars to Megabits: You May Be Paying 400 Times as Much as Your Neighbor for Internet Service.”
At the beginning of the pandemic, we did a lot of reporting on how the internet is everything, and how your access to it — or lack thereof — can shape how you learn, how you work and whether you can get ahead in this economy. But a recent investigation from The Markup, a nonprofit newsroom, suggests we're still pretty far away from equitable access. Marketplace’s Kimberly Adams recently spoke with Leon Yin, an investigative data journalist at The Markup and one of the authors of “Dollars to Megabits: You May Be Paying 400 Times as Much as Your Neighbor for Internet Service.”
Naor and Eytan are BACK after the Holidays hiatus to discuss everything that's taking place in our crumbling reality. *** Support us at https://www.patreon.com/2njb
Land Flip Deal Review- my Worst Deal Ever Please be sure to leave me a review as it's super important to helping me get some traction with this podcast thing. For more in-depth content, please visit my other platforms. Website: https://wealthanize.com YouTube: https://youtube.com/c/Wealthanize Land Flipping: https://www.landprofitgenerator.com/landflippingtraining/?orid=174016&opid=49 To work with me directly please visit: https://wealthanize.com/change-your-world/ If you are uncertain about where you will be spending eternity and would like to start a personal relationship with Jesus Christ, please visit our salvation page: ►►https://wealthanize.com/salvation/ *This description may contain affiliate links and we may receive a small commission if you order from our links. Buying from our links supports the podcast and allows us to make more great content for you.
Eureka the Pentecostal Church - Sunday Morning Evening 05/22/22"The Best Worst Deal Ever Made"Bro. Brenden HouseworthConnect with us!Instagram: instagram.com/eurekachurchFacebook: Eureka The Pentecostal ChurchYoutube: youtube.com/c/EurekaThePentecostalChurchWebsite: eureka.church
Grizz Den Podcast - A Weekly Podcast On The Memphis Grizzlies
Will, Ty, and Brantley recap the Warriors series, give a penultimate update on their 21/22 NBA futures contest, and bring you the most anticipated awards show of the Grizzlies season - the Den-ny's! Categories range from Most Surprising Story, Best Moment, Worst Deal, and much more (you are not going to believe who they chose for season MVP). Tap in! Merch: grizzden.com
In this week's solo episode, I open up some old wounds and discuss the worst deal I've done since getting into the real estate business. This was a house flip I did 4+ years ago, however, the lessons I learned apply to all asset classes/segments of the real estate business. For those who are looking to learn more about our business, head to www.alignedrep.com/invest to get on our email list. Thanks for listening, catch you all next week!CONNECT WITH AXELhttps://www.instagram.com/multifamilywealth/?hl=enhttps://www.linkedin.com/in/axelragnarsson/
In this week's solo episode, I open up some old wounds and discuss the worst deal I've done since getting into the real estate business. This was a house flip I did 4+ years ago, however, the lessons I learned apply to all asset classes/segments of the real estate business. For those who are looking to learn more about our business, head to www.alignedrep.com/invest to get on our email list. Thanks for listening, catch you all next week!CONNECT WITH AXELhttps://www.instagram.com/multifamilywealth/?hl=enhttps://www.linkedin.com/in/axelragnarsson/
I'm conscious it's been a while since we released an episode. I'll provide more of an update in an upcoming episode but it's been a little busy for us these past few months. Victoria gave birth to our daughter Clementine in December, and she's been keeping us busy ever since. She's currently having a nap, so I'm on a strict timeline to get this episode recorded, where I'm sharing all the details of our worst deal last year… in fact probably our worst deal ever - specifically looking at what went wrong, and what we'd do differently if we were able to do this project again. ********* Register for Project Management Mastery - https://insidepropertyinvesting.com/pmm
Talks in Vienna appear to be nearing agreement on a new JCPOA nuclear deal with Iran. Three falsehoods drive this staggeringly ill-conceived negotiation: that the JCPOA was working, that “maximum pressure” failed, and that this is just a return to the old deal, not a new one. What dangers do these falsehoods pose, what flaws does the expected deal include, and what is the better course of action?
On today's episode of The Real Estate Nerds Podcast, fellow attorney-investor Michael Quarles is giving us a twofer. Normally, we focus on one Best Deal or Worst Deal--but Michael has two Bad Beats to share with us today, and a host of free information about negotiation, investing psychology, and why success is a “requirement” in his life.Tune in to Episode 43 of The Real Estate Nerds Podcast now to hear the full conversation.Listen To Episode 43 of The Real Estate Nerds Podcast NowMichael Quarles on the Finer Points of NegotiationScott Smith welcomes Rebecca Walser, who shares about her background, business philosophy and wealth building strategies.[1:00] Michael decides to share two of his worst deals with our listeners. Scott asks Michael to set the stage for the period of time before the deal.[2:00] Michael has been engaging in entrepreneurship since he was a teenager. He shares his general real estate investing strategy, but also describes himself as a “serial entrepreneur.” [3:30] Michael took a student to a presentation, and actually posed as the student to bolster his mentee's credibility. After a lengthy wait in the car, the student emerged from the meeting dejected. Michael had thought everything would go perfectly, and asked what went wrong. The student simply replied “I started talking.”[4:45] Michael shares the lesson his student learned the hard way: “That's the worst thing we can do: not realize when we've said enough. And when we've said enough, stop talking.” That resulted in the loss of the contract.[6:00] Michael points out that any time a seller offers you something, even something as minor as a beer or a glass of water, you should take it. These small offers are actually closing signals. “Consumers give us little hints and triggers that we can see,” he explains. [7:30] Scott wonders whether Michael's point is really about how to listen. Michael clarifies that at this point, he means simply stop talking about real estate. [9:05] Michael shifts towards his thoughts on negotiation: “We can't convince someone to do something they don't wan to do...But through the art of negotiation, we can convince them to set a price that causes us to say yes.” He describes an example.[12:05] Michael gives some surprising advice on negotiation: “If you want to learn how to negotiate, how to communicate: go talk to a 3-year-old.” Michael points out children this age do not know how to lie yet, but have some reasoning abilities.[13:20] Scott asks about situations where execution does not line up with training, such as when they take classes like Michael's. Michael points out that one must be a gifted storyteller to be an effective negotiator, and that practice is vital to any learned information. He and Scott do a brief exercise to illustrate this point. They speak back and forth using only three words, a tactic Michael recommends.[16:00] Michael describes how he always surveys his tenants after the fact. He found she did not get to communicate with him the way she wanted to, which he considers a personal failure.[17:30] Scott and Michael discuss the power of mimicking, a tactic effective with both children and fellow investors.Michael Quarles' on The Beauty of Ugly HousesThe two investors shift focus to the second deal Michael wants to discuss.[18:00] Michael bought a house that was “not quite a duplex” but had an additional small house in the back of the property. There was a double homicide in the house, which worked to Michael's advantage with lenders. But that wasn't the end of the criminal element: the offender who committed the homicides returned to commit an arson in an attempt to destroy the evidence relating to the homicides.[19:00] Michael easily resold the house to another investor who renovated it, got a tenant in, and is still profiting. The lesson he learned from this deal is simple: “Those deals that don't conform are the ones where we make the most money.” He goes on to state he would buy every “ugly” house in his city, given the opportunity.[21:00] Michael's current market is direct tenants and investor-buyers (typically flippers). There is a specific value in the types of houses he purchases--those under the median for the area. Michael encourages investors to look at the properties through the eyes of the consumer.[23:00] Michael points out that ethical, moral, and legal boundaries are critical. He also points out that the order of those is significant, as something can be legal but not ethical.[25:00] Scott points out that acceptance of certain harsh realities can serve the savvy investor. [26:00] Michael describes visiting a house that was outside of his comfort zone. He found a highly motivated seller who was in need of back surgery that made his home uninhabitable during his recovery. He also wanted a relatively low amount of the house. He sold it within ten days.[Tweet "“There's a currency of success that has nothing to do with dollars.” - Frazer Rice, Episode 40 Real Estate Nerds Podcast"]The Takeaway: Facing Fear and Requiring SuccessMichael and Scott wrap up with their major lessons learned from Michael's experience.[28:42] Scott points out a major learning lesson from Michael's story. He finds that we must practice habits of success regardless of outcome. Michael counters that even a failure is a type of success, and necessary.[30:00] Michael asks about the cost of law school, and legal education generally. 3.5 years and $150,00 is the figure they settle on. He points out that many investors spend massive amounts of money to “hit the home run” upon execution. He shares a story of overcoming fear as he forged a professional relationship with a female investor.[32:00] Scott points out that a life of comfort is one that can cause regret about not taking more risks. He puts it bluntly: “Risk always means fear, and overcoming fear.” [32:00][36:00] Michael shares his own take-away. He encourages the audience to treat life like a requirement.
What is a real estate investor supposed to do when their first apartment complex purchase turns out to be rife with drug dealers, prostitutes, and other problematic tenants? Today's guest had to figure that out for himself, and did so quickly. On today's episode of The Real Estate Nerds Podcast, Bill Manassero joins our host and real estate attorney Scott Smith to tell us about both a best and worst deal, one of our only hybrid Bad Beats/Best Deals episodes. Tune in to hear how Bill kept his first apartment complex purchase from becoming a total bad beat through creative problem solving, strong networking, and clever solutions like connections with the local community and even leveraging Airbnb. This is one you'll have to just listen to to really believe. Listen To Episode 23 of The Real Estate Nerds Podcast NowBill Manassero's Apartment Complex Rollercoaster Deal: Bright BeginningsBill joins Scott and shares a bit about his background and the circumstances that led up to his Best Deal. [1:00] Bill started his real estate career later in life. He began considering this option while he was ending the end of a 12-year stint as a missionary in Port-au-Prince, Haiti. He was at a turning point, but not quite ready to retire. He began eyeballing and studying emerging markets, then initially purchased a set of duplexes and single family homes in these markets.[2:10] Bill quickly learned a lesson: “I paid about the same for the duplexes as I did for single family homes, but everything was sort of better.” Vacancies were never 100%, taxes were cheaper, and he was able to collect double the rent. This made it clear multi-units were best for him. So he began checking out apartment complexes in the three markets he was already in: Memphis, Atlanta, and Indianapolis. Because this ambition was huge, he continued educating himself about this new-to-him asset class.[3:30] Bill experienced some initial “analysis paralysis” when working the figures for his potential new investments: “The numbers definitely are different for multi-units.” But he pressed on, eventually finding a 22-unit property in Indianapolis in an emerging part of the city, sandwiched between trending and developing parts of town. By the time he got the courage to make an offer, someone else had bought the property. Bill learned the value of moving quickly in a hot market.[5:00] Bill decided to take one last shot, and let the broker know he was still interested if anything happened to cause the deal to fall through. 3 months later, Bill learned the deal did fall through. The deal falling through actually put Bill in a better position to ask for lower than asking price, and now the seller was more motivated to get the property off his hands. Bill completed his due diligence, and when the inspector came through Bill was able to save even more. He ended up buying the property at 25% below asking price, and way below the market value.[7:00] While this was Bill's first apartment complex deal, he shares with Scott how his experience with the financing end of real estate helped him negotiate the funding dilemma around the property.[8:30] When Scott asks how Bill handled the jump from single- and multi-family to complexes psychologically. Bill was anxious but soon learned that “It wasn't all that different on doing a transaction on a single family or a duplex.” Bill now believes dragging his feet actually hurt him.[9:45] Bill points out the first big thing he did right with this deal: “A lot of us when we're after a property and it goes under contract, we immediately go away. But going back to the broker and saying “I'm still interested, don't forget me” got me that winning call.”[10:00] Bill was thrilled with the beginnings of the deal, but not everything about this property was a win. He was unprepared for the surprises that came up with this property. He was looking for ways to boost the rent and cut expenses, and discovered that he was paying for heating and would have had to pay high costs to replace its boilers. He ended up having to replace all the gas-powered appliances with electric, and transfer the costs to the tenants (who paid their own electric bills). He describes the rehab measures and other improvements he took to increase rent values 16-20% increase per unit over time.[bctt tweet="“I paid about the same for the duplexes as I did for single family homes, but everything was sort of better.”." username="Royal_Legal_Law"]The Challenges of a C-Class Complex & Bill's Creative Solutions The two investors discuss Bill's many challenges around the property in more depth. Whether it was the police activity, property management complication, or tenants selling drugs, something seemed to always pop up with this property. But Bill didn't give up. He tells Scott about the broad range of clever strategies he used to address these many issues successfully.[13:30] Another early challenge Bill faced was handling property management: “A 22-unit doesn't really warrant an on-site property manager. I had a property manager in place, but they weren't able to be there all the time.” So, there wasn't always someone there to handle issues as they came up.[14:00] Bill tells a hilarious anecdote about the police running a sting operation out of his apartment, which he now knows was an enormous red flags. But he did make some great contacts with the police department, and even offered to let them use the place again--if only to have their cars in his parking lot![15:00] Bill also describes the challenges with his occupants: “We had some real tough tenants. Some guys we thought were dealing, others we thought were pimps.” Scott asks why Bill bothered trying to bring up such a rough area. Bill decided to invest time and money into this because of the value and demographics of the surrounding areas, which were blue collar workers and millennial students/young professionals.[16:20] The owner before Bill was indiscriminate with tenants: “He just kind of let anybody in. They were allowing folks in that weren't screened very well.” Bill's response was creative: “We had to move into a mode I call Stealth tenant marketing. We started targeting major employers in the area and going to their HR departments. We gave them flyers offering any of their employees who signed up for our apartments a month free and other incentives to get good working folks into the building.” [16:44] This move paid off for Bill, and helped turn the complex around and changing its dynamics. But he still had to check out questionable tenants, and immediately evict the sketchier tenants if they were late on the rent. That was easier to do than proving illegal activity.[18:00] Bill shares how property management's goals didn't align with his own, and how he responded: “I had to really monitor property management closely. They were concerned with getting people in to have a high vacancy rate. I was concerned with getting in the right people.” While Bill had no advisors, he borrowed some of these creative moves from the mentors he'd had over the years.[19:21] Bill describes some of his other clever solutions for improving his complex, including using closed circuit TVs. He also addressed the security concerns of this C building in a smart way: “I brought in a house mom, a tenant who pays lower rent in exchange for the job of monitoring what's going on, keeping things in line, and reporting tenants who aren't doing things right.” These measures increased the quality and security of the complex.[20:29] Bill sums up the strategy he employed succinctly: “It's all management. It's all about having strong management, strong criteria for tenants, and not just getting bodies in there but getting the right bodies in there.”[21:10] Bill offers some tips to any investors for handling property managers of any type: “You need to document and almost put a manual together for each property manager based on the needs of the property and the area. And if they can't do it, you've got to move on.” He also emphasizes strong communication: “As an out-of-state investor, the property manager is your number one key to success or failure. If you don't handle them right and get the right people in you're doomed for failure.” [21:35][22:30] Bill believes management is so important because despite all of his research and legwork, he didn't see the problems. Scott ribs him a little for his naivete: “Sweet innocent Bill...Didn't even see the prostitutes!” Bill shares how he managed to add capital as well by converting three units into Airbnb units. In addition to being more profitable, Airbnb tenants would report to Bill when tenants attempted to proposition them or sell them drugs, because they weren't afraid like the local tenants.
A new VIDEO from Coleraine Free Presbyterian Church is now available on SermonAudio with the following details: Title: The Worst Deal of Your Life Speaker: Gregory Gibson Broadcaster: Coleraine Free Presbyterian Church Event: Sunday - PM Date: 10/3/2021 Bible: Mark 8:36-37 Length: 29 min.
Microsoft announced a full update on the surface line up, and it gives us a lot to talk about. --- Send in a voice message: https://anchor.fm/earlybirbbriefing/message Support this podcast: https://anchor.fm/earlybirbbriefing/support
Comic Katie Arroyo joins Jared on this week's Monday episode of The JTrain Podcast, to read your emails and answer questions about wondering if a Tinder date already has a boyfriend, having a roommate who is mean to you, why you were ghosted after one good date, having a guy reject a sexy costume, and an all new deal reveal. Check it out and Enjoy!Stream Jared's new album 'Always A Momma Bear' here: https://orcd.co/vcn-jaredfreid-mommabearSponsored by: BLUBlox (blublox.com/jtrain code: jtrain), Express VPN (expressvpn.com/jtrain), Ritual (ritual.com/jtrain), & Best Fiends (download Best Fiends for free on the Apple App Store or Google play)Subscribe to the JTrain Patreon now at www.patreon.com/jaredfreidinstagram.com/jaredfreid // instagram.com/katiegarroyo // instagram.com/classicshelbSubscribe to The JTrain Podcast on Apple Podcasts: itunes.apple.com/us/podcast/By: Jared Freid
A retired pro baseball player turned serial entrepreneur. Ryan Pineda has been in the real estate industry since 2010. He began his career as Realtor and soon realized that wasn’t the path he wanted to continue on. In 2015 with only $10,000 in the bank, he began flipping houses. Since then he has flipped hundreds of homes and taught many others how to do the same. In 2018 he wrote his first book, Flip Your Future, which was a best-seller on Amazon. Today he is expanding in all aspects of the real estate industry and he owns multiple companies! - His real estate investment company Homerun Offer is actively flipping, wholesaling, and buying rentals across the country. - His real estate brokerage Forever Home Realty is for investment-minded Realtors in Las Vegas, NV. - At Future Flipper, he teaches others how to invest in all aspects of real estate. - Lastly, he does taxes, bookkeeping, and accounting for real estate investors at TrueBooks CPA. Listen and learn actionable tips and key metrics that will help you along your journey. The stories shared will inspire and the content will help expedite your learning. Show Key Content: 3:38-4:48 Flipping Business 6:48-8:28 Hard Money Pay to Play 8:35-10:28 First Deal 10:33-11:09 Hoteling 13:06-13:38 Light bulb moment 15:01-15:46 Advice for Beginners 16:52-17:48 Finding Deals 29:26-33:07 Best Deal 35:04-36:59 Worst Deal 42:57-43:43 Finding A VA 47:08 Hot Seat Connect with Ryan Pineda: @ryanpinedashow Book/Resources Request: __Flip Your Future https://amzn.to/3ia0lwT ---------------------------------------------------- Thanks for watching this episode! Don't forget to like the video, share it with a friend, and subscribe for new videos every week! We also have a strategy session that will award you the opportunity to take the guesswork out of real estate wholesaling and investing at "We Love Equity Real Estate Show" INTERESTED? JOIN US - http://weloveequityrealestateshow.libsyn.com FREEBIES: GET YOUR 15 Minutes Free Consultation: https://www.marcusemaloney.com/free-consultation Purchase Contract: https://www.marcusemaloney.com/wholesale-purchase-contract Assignment Agreement Link: https://www.marcusemaloney.com/assignment-agreement 15 Questions to validate your seller: https://www.marcusemaloney.com/15-questions-to-validate-your-seller JOIN OUR CONVERSATIONS: Facebook: https://bit.ly/33QPmkQ Facebook group: https://bit.ly/32Y5C2s Twitter: https://bit.ly/2qXaRlD Instagram: https://bit.ly/2pmwdZ2 Linkedin: https://bit.ly/2rKRJre Website: https://marcusemaloney.com Also find the show on Feedspot: https://bit.ly/2UfjxiZ Enjoy the Real Estate Journey!
Today Alexa for Residential launched https://www.theverge.com/2020/9/3/21419812/amazon-alexa-residential-apartment-privacy More data on cost versus service for cell phones https://themarkup.org/2020/09/03/cost-speed-of-mobile-data-by-country https://www.t-mobile.com/business/education/project-10-million https://www.educationdive.com/news/report-169m-students-still-lack-home-internet-access/582189/ AND Apple takes a step back https://www.engadget.com/apple-ios-14-app-tracking-delay-191448363.html
Sometimes, learning is more important than earning. Britnie and Jerremy discuss learning from mistakes and their advice to clear blockages that hold you back from financial freedom. Britnie details her very first (and disastrous) real estate deal and all of the mayhem that came with it. Learn what Britnie did with her first big check and how that helped her jumpstart her real estate business. Have a question for Britnie or Jerremy? Reach out to podcast@gforcemastermind.com and they will answer your question on an upcoming podcast! You can check out G-FORCE by heading to gforcemastermind.com and following us on Instagram @gforcemastermind!
Emmy-nominated journalist and public speaker Ahmed Shihab-Eldin weighs in on Trump's “Deal of the Century” for Israel-Palestine and the ramifications of coronavirus, including racism and profiteering. Now based in NYC, he talks about his latest projects and finding new ways to inspire change.See omnystudio.com/listener for privacy information.
Emmy-nominated journalist and public speaker Ahmed Shihab-Eldin weighs in on Trump's “Deal of the Century” for Israel-Palestine and the ramifications of coronavirus, including racism and profiteering. Now based in NYC, he talks about his latest projects and finding new ways to inspire change.
What happens when everything goes wrong on a deal. 4 Michigan real estate investors expose their worst deals and how they recovered from the losses.
In real estate, you are going to come across many problems and will have to find the solutions for those problems, some of the problems may be small, but some of them may be big and painful, but everything adds up your experience and the more of it you have, the less of big problems you will have. #best #worst #properties Watch this episode on YouTube: https://www.youtube.com/watch?v=RZcoygH58q0 --- Send in a voice message: https://anchor.fm/reallysocialestate/message
Time magazine called Lt. Gen. H.R. McMaster a “pre-eminent warrior-thinker.” President Trump called him a pain. So when McMaster left the White House to be replaced by the hawkish John Bolton, foreign policy experts saw the writing on the wall. The Iran nuclear deal was next on the chopping block. In this episode, we track how advisors clashed right up to the moment Trump yanked the United States out of the deal. Some wanted to push for a better deal. Others seemed intent on pressuring Iran until it breaks. Was Trump right to walk away? Or, was there something else -- something more political -- motivating the president’s decision?
JOIN PETER at the New Orleans Investment Conference https://neworleansconference.com/conference-schedule/ NAFTA was the Worst Deal in World History? I want to talk about Donald Trump's new trade deal. When Donald Trump was running for President, he said that NAFTA (North America Free Trade Agreement) was the worst trade deal ever negotiated ever by anyone in world history. It wasn't just the worst trade deal that America got into, it was the worst trade deal that anybody ever got into. I don't know how many trade deals Donald Trump actually studied, and whether he compared them to NAFTA to know that NAFTA was worse than any other deal that had ever been negotiated, but that was his claim. In fact, even in the ceremony where he took credit for the new deal that he negotiated he repeated that NAFTA was the worst deal ever negotiated. We Went from a Good Name to a Lousy Name Then he unveiled his deal, which he now calls the greatest deal ever negotiated. So we went from the worst deal in the history of deals to the best deal in the history of deals. The problem is, it is basically the same deal! The only thing that has really changed is the name. We went from a good name to a lousy name, and the funny thing about it is Donald Trump is claiming that the name is better. The old name was NAFTA. The new name is USMCA. Us-ma-ca! Us-ma-ca? What kind of name is that? We basically went from a nice name to a ridiculous name. NAFTA Re-Branded with a Worse Name But the bottom line is that's probably the most substantive difference between the two deals. Pretty much, it is the same deal. Yet this is the greatest deal in history and the old deal was the worst deal ever. This is standard operating procedure for Donald Trump. Everything is great now that he is President. Donald Trump pretended everything was awful before he was elected, and now, he's made everything fantastic, but he hasn't done anything. You listen to Fox News, they're talking about this thing like it is the greatest thing since sliced bread. It is NAFTA re-branded with a worse name.
As his time as a missionary helping the needy and Haiti drew to a close, Bill Manassero knew he was at a crossroads, but not yet willing to retire. So he began investing in multi-family and single-family homes, but realized that plan wouldn’t scale forever. He decided to transition into apartment complexes, and joins us […]
Pastor Chris Andrews (Admin & Connections Pastor) - Genesis 17:1-8; 25:21-34; Hebrews 12:16; Matthew 6:33; 13:44-46; 22:37-38; Philippians 3:8; Ephesians 1:3; 1 Corinthians 1:4-5; Romans 6:12; 13:14; Galatians 5:16-24
Looking at the last few days and the week ahead in important business stories, the team looks at Trump’s decision not to recertify the Joint Comprehensive Plan of Action (JCPOA), and what it means for companies hoping to do deals with Iran. We also look at what Trump’s stance on the deal means for global oil. Can Trump afford to be drawn in to costly international spats as he tries to focus his time and efforts on his domestic agenda? Moving on, we then discuss the start to the earnings season, including Netflix, which releases its third quarter earnings on October 16.
The (soon-to-be) Las Vegas Raiders are getting the most expensive stadium in sports history. And the taxpayers of Clark County, Nevada are going to be footing half the bill... Listen to Pat & Stu for FREE on TheBlaze Radio Network from 5p-7p ET, Mon. through Fri. www.theblaze.com/radioTwitter: @PatandStuFacebook: PatandStu Learn more about your ad choices. Visit megaphone.fm/adchoices
In der zweiten Doppelfolge von “Café Amerikana” diskutieren wir über die Beziehungen zwischen Kuba und den Vereinigte Staaten. Teil 2 widmet sich besonders der kubanischen Seite dieser Beziehungen.
In der ersten Doppelfolge von “Café Amerikana” diskutieren wir über die Beziehungen zwischen Kuba und den Vereinigte Staaten. Teil 1 widmet sich besonders der U.S. amerikanischen Seite dieser Beziehungen.
In this episode, Jay Rosen reports live from the ABA White Collar Conference at the Fontainebleau Hotel in Miami. In addition to providing his insights on the highlights of the conference and the buzz around the new Justice Department Evaluation of Corporate Compliance Programs document released in February, we discuss: Adam Davidson’s piece in the New Yorker Magazine entitled, “Donald Trump’s Worst Deal” which looks at a Trump organization transaction in Azerbaijan which raises both FCPA and sanctions issues.The newly revamped Justice Department’s Fraud Section’s website.Highlight the rollout of the International Association of Independent Certified Monitors’ (IAICM) new website.Review the week’s FCPA related issues.Take a deep dive into the blockbuster trade announced between the Houston Texans and Cleveland Browns where the Texans sent their starting QB and a second round pick to the Browns for a fourth round pick in return (who says Texans are not great horse-traders!)Jay previews his weekend report.Tom reports on a talk about 3rd party ROI at the upcoming Third-Party Risk Management & Oversight Summit, on March 20 & 21 at the Princeton Club in New York City. Listeners to this podcast will receive a 15% discount off of the regular price of the event. To take advantage of this offer enter the Code CMP 161. For more information on the event, check out the website by clicking here. Jay Rosen new contact information: Jay Rosen, CCEP Vice President, Business Development Monitoring Specialist Affiliated Monitors, Inc. Mobile (310) 729-6746 Toll Free (866)-201-0903 JRosen@affiliatedmonitors.com Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, Jay Rosen reports live from the ABA White Collar Conference at the Fontainebleau Hotel in Miami. In addition to providing his insights on the highlights of the conference and the buzz around the new Justice Department Evaluation of Corporate Compliance Programs document released in February, we discuss: Adam Davidson’s piece in the New Yorker Magazine entitled, “Donald Trump’s Worst Deal” which looks at a Trump organization transaction in Azerbaijan which raises both FCPA and sanctions issues. The newly revamped Justice Department’s Fraud Section’s website. Highlight the rollout of the International Association of Independent Certified Monitors’ (IAICM) new website. Review the week’s FCPA related issues. Take a deep dive into the blockbuster trade announced between the Houston Texans and Cleveland Browns where the Texans sent their starting QB and a second round pick to the Browns for a fourth round pick in return (who says Texans are not great horse-traders!) Jay previews his weekend report. Tom reports on a talk about 3rd party ROI at the upcoming Third-Party Risk Management & Oversight Summit, on March 20 & 21 at the Princeton Club in New York City. Listeners to this podcast will receive a 15% discount off of the regular price of the event. To take advantage of this offer enter the Code CMP 161. For more information on the event, check out the website by clicking here. Jay Rosen new contact information: Jay Rosen, CCEP Vice President, Business Development Monitoring Specialist Affiliated Monitors, Inc. Mobile (310) 729-6746 Toll Free (866)-201-0903 JRosen@affiliatedmonitors.com Learn more about your ad choices. Visit megaphone.fm/adchoices
President Donald Trump has overseen many shady deals, but New Yorker staff writer Adam Davidson thinks he may have found the most questionable one. Davidson says a Trump Organization hotel in Baku, Azerbaijan, links the president to some shady oligarchs as well as Iran’s Revolutionary Guard, a shadow-government ideological group. Read Davidson’s piece, “Donald Trump’s Worst Deal.” Maria Konnikova has today’s Spiel on the theory of trickle-down hate-speech. Today’s sponsor: Green Mountain Coffee. Green Mountain Coffee is passionate about making a smoother tasting cup. Try it today with code TRYGMC. Join Slate Plus! Members get bonus segments, exclusive member-only podcasts, and more. Sign up for a free trial today at slate.com/gistplus. Learn more about your ad choices. Visit megaphone.fm/adchoices
Evil is always trying to get you to make the worst trade of your life. To trade God for sin. Every time sin is offered to us, and it looks better than what God offers, and we go after sin, we have to know the deal we are making.
President-elect Donald Trump was right during the campaign to call the Iran nuclear agreement “the worst deal ever negotiated” by the United States government; we explain why. Scientists are hoping to gain some information from the Seattle Seahawks game this weekend. And we have this hour's top trending stories. Guests: Kenneth Timmerman, Tim Burg, Julie Fisk, Jason Wert, Larry Pratt. Trending Today USA with Rusty Humphries Hour 2 Segment 1 010617Image credit: Ververidis Vasilis / Shutterstock.com
Joe & Dan Discuss: Joe’s Best Deal & How He Selected that Deal Joe’s Worst Deal & How to Avoid Selecting that type of Deal Where Has All the Inventory Gone? Is it Coming Back Resources Mentioned in this Episode: Tanis Group Realty www.TanisGroupLLC.com Investor Empowerment Radio (Podcast Show) www.InvestorEmpowermentRadio.com Chicago RING Meeting & Investor Empowerment Series www.RINGChicago.com Most Popular Episodes: (There are 66 Content Packed Interviews in Total) George Beatty and an Inside Look at Doing Deals with Diamond Equity Michael Freedman on Verifying, Reducing, or EVEN ELIMINATING Flood Zone Designations on All Kinds of Real Estate Frank Montro on Closing 300 Deals Per Year (AKA-King of Southside Chicago Fix & Flip Deals) Russell Walker on Buying, Fixing, & Selling Houses Do You Know Anyone Else Who’s a Real Estate Investor? Or Maybe they’re Trying to Become a Real Estate Investor? Do You Think they’d Also Enjoy this Episode? Please Forward this Link & Tell Them to: Sign Up for the REI Diamonds Weekly Podcast Your Copy of “7 Sources of Off Market Deals” Just Go to www.REIDiamonds.com to Download a Copy & Check out Recent Popular Episodes.
The Worst Deal in History